TBK

Triumph BancorpNasdaqGS:TBK Stock Report

Market Cap

US$2.1b

7D

2.4%

1Y

192.3%

Updated

18 Sep, 2021

Data

Company Financials +
TBK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

TBK Overview

Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides various banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States.

Triumph Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Triumph Bancorp
Historical stock prices
Current Share PriceUS$84.19
52 Week HighUS$26.86
52 Week LowUS$97.49
Beta1.08
1 Month Change5.87%
3 Month Change15.92%
1 Year Change192.33%
3 Year Change102.14%
5 Year Change329.10%
Change since IPO560.31%

Recent News & Updates

Shareholder Returns

TBKUS BanksUS Market
7D2.4%0.9%-0.6%
1Y192.3%63.3%33.8%

Return vs Industry: TBK exceeded the US Banks industry which returned 63.3% over the past year.

Return vs Market: TBK exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is TBK's price volatile compared to industry and market?
TBK volatility
TBK Beta1.08
Industry Beta1.37
Market Beta1

Stable Share Price: TBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TBK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19811,165Aaron Grafthttps://www.triumphbancorp.com

Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides various banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. The company operates through three segments: Banking, Factoring, and Corporate. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes.

Valuation

Is Triumph Bancorp undervalued compared to its fair value and its price relative to the market?

10.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TBK ($84.19) is trading below our estimate of fair value ($94.3)

Significantly Below Fair Value: TBK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TBK is poor value based on its PE Ratio (18.3x) compared to the US Banks industry average (10.8x).

PE vs Market: TBK is poor value based on its PE Ratio (18.3x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: TBK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TBK is overvalued based on its PB Ratio (2.8x) compared to the US Banks industry average (1.1x).


Future Growth

How is Triumph Bancorp forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-0.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TBK's earnings are forecast to decline over the next 3 years (-0.2% per year).

Earnings vs Market: TBK's earnings are forecast to decline over the next 3 years (-0.2% per year).

High Growth Earnings: TBK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TBK's revenue (4.1% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: TBK's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TBK's Return on Equity is forecast to be low in 3 years time (11.7%).


Past Performance

How has Triumph Bancorp performed over the past 5 years?

27.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TBK has high quality earnings.

Growing Profit Margin: TBK's current net profit margins (28.6%) are higher than last year (15.1%).


Past Earnings Growth Analysis

Earnings Trend: TBK's earnings have grown significantly by 27.4% per year over the past 5 years.

Accelerating Growth: TBK's earnings growth over the past year (184%) exceeds its 5-year average (27.4% per year).

Earnings vs Industry: TBK earnings growth over the past year (184%) exceeded the Banks industry 36%.


Return on Equity

High ROE: TBK's Return on Equity (14.8%) is considered low.


Financial Health

How is Triumph Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TBK's Assets to Equity ratio (7.6x) is low.

Allowance for Bad Loans: TBK has a low allowance for bad loans (89%).

Low Risk Liabilities: 90% of TBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: TBK has an appropriate level of Loans to Assets ratio (80%).

Low Risk Deposits: TBK's Loans to Deposits ratio (101%) is appropriate.

Level of Bad Loans: TBK has an appropriate level of bad loans (1.1%).


Dividend

What is Triumph Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TBK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TBK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TBK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average management tenure


CEO

Aaron Graft (43 yo)

10.92yrs

Tenure

US$1,447,752

Compensation

Mr. Aaron P. Graft is the Founder, Vice Chairman, and Chief Executive Officer of Triumph Bancorp, Inc. (Nasdaq: TBK). He also serves as the Vice Chairman, Chief Executive Officer, President, and Public Inf...


CEO Compensation Analysis

Compensation vs Market: Aaron's total compensation ($USD1.45M) is below average for companies of similar size in the US market ($USD3.69M).

Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TBK's management team is seasoned and experienced (8.2 years average tenure).


Board Members

Experienced Board: TBK's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Triumph Bancorp, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Triumph Bancorp, Inc.
  • Ticker: TBK
  • Exchange: NasdaqGS
  • Founded: 1981
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.084b
  • Shares outstanding: 24.75m
  • Website: https://www.triumphbancorp.com

Number of Employees


Location

  • Triumph Bancorp, Inc.
  • 12700 Park Central Drive
  • Suite 1700
  • Dallas
  • Texas
  • 75251
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:09
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.